Destatis is slated to release Germany's industrial output data for July in the pre-European session on Thursday at 2:00 am ET. Economists forecast production to grow 0.6 percent on month, reversing a 1.1 percent fall in June.

Ahead of the data, the euro held steady against its major rivals.

As of 1:55 am ET, the euro was trading at 0.9138 against the pound, 1.1403 against the Swiss franc, 1.1923 against the U.S. dollar and 130.00 against the yen.

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